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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (27720)	1/15/2002 5:51:15 PM
From: rocklobster	Read Replies (1) \| Respond to of 52237

I went short about two minutes before getting stopped out..I expected a push to the high and a failure..the previous high was 24.5 so I shorted at 23 because I wanted to be short and didnt know if it would make it over the high. I placed my stop at 26.5 in case the high got taken out with gusto.. Now You can't tell me that this was a reasonable move based on just "more buyers than sellers" the farking index spiked sixty points for gods sake... well at least the nq contract did..!!!!!!!!...the index itself never even went up at all.. there should be some kind of breakers that stop the nq from trading that far out of whack with the actual index. how the hell do you protect from 40 points of slippage on a stop.. you can't tell me this is my fault somehow and that it is reasonable to expect this kind of thing to happen.. what the hell are stops for anyway... rok